ard of Directors of the Corporation; and it is further RESOLVED, that the Corporation accept the subscription of Jeffrey E. Epstein, as Trustee of Nautilus I Trust for 10,000 shares of Common Stock, upon the terms and conditions contained in the subscription agreement, dated as of November 22, 2011 of Jeffrey E

r's tax year ends and day) Number of (month shares or percentage of ownership Date(S) acquired Signature Date Jeffrey Epstein, Trustee of Nautilus I Trust 6100 Red Flood Otr B-3 St. Thomas, VI 00802 100% 11/22/11 12/31 Election Information (continued Form 2553 (Rev. 12-2007) EFTA00316610 Form

icate shall be issued to the undersigned for the number of shares subscribed for. Dated as of November 22, 2011 Jeffrey E. Epstein, as Trustee of Nautilus I Trust Subscriber for 10,000 Shares of Common Stock, $.01 Par Value Subscription Accepted As of November 22, 2011 NAUTILUS, INC. By: Darren K. Indyke